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2021-09-30
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Lordstown shares jumped nearly 8% in premarket trading<blockquote>洛兹敦股价在盘前交易中上涨近8%</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":865531193,"tweetId":"865531193","gmtCreate":1632998186763,"gmtModify":1632998187628,"author":{"id":3582422606150116,"idStr":"3582422606150116","authorId":3582422606150116,"authorIdStr":"3582422606150116","name":"EDWINHLC","avatar":"https://static.tigerbbs.com/1713fcfede7d5ef4d896338f3a585a14","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":92,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Good</p></body></html>","htmlText":"<html><head></head><body><p>Good</p></body></html>","text":"Good","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/865531193","repostId":1178029169,"repostType":4,"repost":{"id":"1178029169","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1632989139,"share":"https://www.laohu8.com/m/news/1178029169?lang=zh_CN&edition=full","pubTime":"2021-09-30 16:05","market":"us","language":"en","title":"Lordstown shares jumped nearly 8% in premarket trading<blockquote>洛兹敦股价在盘前交易中上涨近8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178029169","media":"Tiger Newspress","summary":"Lordstown shares jumped nearly 8% in premarket trading on nearing deal to sell Ohio car plant to Tai","content":"<p>Lordstown shares jumped nearly 8% in premarket trading on nearing deal to sell Ohio car plant to Taiwan’s Foxconn.</p><p><blockquote>由于即将达成将俄亥俄州汽车工厂出售给台湾富士康的交易，洛兹敦股价在盘前交易中上涨近8%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9d807de9b64603904dc91ef05da7b0da\" tg-width=\"850\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a>, the electric-truck startup that acquired an Ohio car factory from General Motors Co., is near an agreement to sell the highly politicized plant to Taiwan’s Foxconn Technology Group after owning it less than two years, people familiar with the matter said.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>知情人士称，这家电动卡车初创公司从通用汽车公司收购了俄亥俄州一家汽车工厂，在拥有这家高度政治化的工厂不到两年后，即将达成协议，将这家高度政治化的工厂出售给台湾富士康科技集团。</blockquote></p><p> The companies are set to announce the deal as soon as this week, said the people, who asked not to be named as the transaction isn’t yet public. They didn’t disclose its value. Lordstown Motors struck a deal with GM in late 2019 to buy the plant the automaker had founded in 1966.</p><p><blockquote>知情人士表示，两家公司最快将于本周宣布这笔交易。由于交易尚未公开，这些人士要求匿名。他们没有透露它的价值。洛兹敦汽车公司于2019年底与通用汽车达成协议，收购该汽车制造商于1966年创建的工厂。</blockquote></p><p> The sale would help embattled Lordstown Motors raise cash and realize the benefits of large-scale manufacturing much faster by building multiple models in the same facility. For technology giant Foxconn, a partner of Apple Inc., the plant represents the first automotive manufacturing footprint in the U.S. as the company accelerates a push into electric vehicles.</p><p><blockquote>此次出售将帮助陷入困境的洛兹敦汽车公司筹集现金，并通过在同一工厂生产多种车型更快地实现大规模制造的好处。对于苹果公司的合作伙伴科技巨头富士康来说，随着该公司加速进军电动汽车，该工厂代表了该公司在美国的第一个汽车制造足迹。</blockquote></p><p> A Lordstown Motors spokesperson declined to comment. Foxconn representatives didn’t immediately respond to requests for comment.</p><p><blockquote>洛兹敦汽车公司发言人拒绝置评。富士康代表没有立即回应置评请求。</blockquote></p><p> Selling the plant and operating in parallel with Foxconn could make sense for Lordstown Motors. The company is working to get its Endurance pickup truck ready for production. Even if the truck finds customers, it is still a challenge for Lordstown Motors to fully utilize the entire plant.</p><p><blockquote>出售工厂并与富士康并行运营对于洛兹敦汽车公司来说可能是有意义的。该公司正在努力让其Endurance皮卡做好生产准备。即使卡车找到了客户，对于洛兹敦汽车公司来说，充分利用整个工厂仍然是一个挑战。</blockquote></p><p> The Ohio facility was engineered to build well more than 300,000 of the now-defunct Chevrolet Cruze compact car per year, before GM stopped building the vehicle in March 2019. Lordstown Motors stepped in to purchase the facility after GM decided to shut it down.</p><p><blockquote>在通用汽车于2019年3月停止生产该汽车之前，俄亥俄州工厂的设计目标是每年生产超过30万辆现已停产的雪佛兰科鲁兹紧凑型汽车。在通用汽车决定关闭该工厂后，洛兹敦汽车公司介入购买了该工厂。</blockquote></p><p> The plant’s closure was a liability for U.S. President Donald Trump, who a year earlier went so far as to discourage rally-goers from selling their homes because of all the jobs he would bring back to the area. Democrats seized on the development as a symbol of unfulfilled promises made to voters in a key battleground state.</p><p><blockquote>该工厂的关闭对美国总统唐纳德·特朗普来说是一个负担，一年前，他甚至阻止集会参与者出售房屋，因为他将为该地区带来所有就业机会。民主党人抓住这一事态发展，将其视为在一个关键战场州向选民做出的未兑现承诺的象征。</blockquote></p><p> Lordstown Motors has had to re-establish its footing after ousting founder Steve Burns in June amid claims that he overstated future sale orders. The company has been under investigation by the Securities and Exchange Commission and the Justice Department after an internal probe concluded that prior management had misstated preorders for the Endurance. The company had also had warned that its status as a going concern was in doubt. Burns was replaced and the company has been working to raise money and find partners.</p><p><blockquote>洛兹敦汽车公司(Lordstown Motors)在6月份罢免创始人史蒂夫·伯恩斯(Steve Burns)后不得不重新站稳脚跟，因为有人指控他夸大了未来的销售订单。在一项内部调查得出结论，前任管理层错误地陈述了Endurance的预订量后，该公司一直在接受美国证券交易委员会和司法部的调查。该公司还警告称，其持续经营状况存在疑问。伯恩斯被替换，公司一直在努力筹集资金并寻找合作伙伴。</blockquote></p><p> Burns’s successor, newly appointed Chief Executive Officer Dan Ninivaggi, said in an interview last month that he was looking for partners who wanted to work with his company to use the assembly plant’s massive production scale to full advantage.</p><p><blockquote>伯恩斯的继任者、新任命的首席执行官丹·尼尼瓦吉(Dan Ninivaggi)上个月在接受采访时表示，他正在寻找愿意与他的公司合作的合作伙伴，以充分利用装配厂的大规模生产规模。</blockquote></p><p> “The key to unlocking financial potential is maximizing the value of the Lordstown facility,” Ninivaggi said at the time. “We are exploring a number of alternatives. It could take a number of different forms. That is Job One for me.”</p><p><blockquote>“释放财务潜力的关键是最大化洛兹敦设施的价值，”尼尼瓦吉当时表示。“我们正在探索多种替代方案。它可以采取多种不同的形式。这是我的第一项工作。”</blockquote></p><p> Foxconn, the world’s largest assembler of iPhones, is hoping to replicate its smartphone success by building clients’ electric vehicles from the chassis on up. It is rapidly expanding its EV business at a time that major tech companies from Apple to Xiaomi Corp. are heavily investing in technologies for next-generation mobility.</p><p><blockquote>全球最大的iPhone组装商富士康希望通过从底盘开始为客户制造电动汽车来复制其智能手机的成功。在从苹果到小米公司等主要科技公司都在大力投资下一代移动技术之际，该公司正在迅速扩大其电动汽车业务。</blockquote></p><p> Over the past year, Foxconn has launched a open EV platform, inked a manufacturing deal with <a href=\"https://laohu8.com/S/FSR\">Fisker Inc.</a>, and formed a partnership with Thailand’s state-owned conglomerate PTT Pcl.</p><p><blockquote>过去一年，富士康推出了开放式电动汽车平台，与<a href=\"https://laohu8.com/S/FSR\">菲斯克公司。</a>，并与泰国国有企业集团PTT Pcl结成合作伙伴关系。</blockquote></p><p> Earlier this year, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. said the company was considering creating an EV manufacturing facility in Wisconsin as its first U.S. automotive outpost. With Foxconn bulking up its auto muscle, it is seen as a contender in the race to make electric vehicles for Apple.</p><p><blockquote>今年早些时候，富士康旗舰子公司鸿海精密工业有限公司董事长刘勇表示，该公司正在考虑在威斯康星州建立一家电动汽车制造工厂，作为其在美国的第一个汽车前哨基地。随着富士康增强其汽车实力，它被视为为苹果制造电动汽车竞赛中的竞争者。</blockquote></p><p> Foxconn has had a controversial history of bringing its manufacturing muscle to the U.S. The Taiwanese company originally committed to investing $10 billion in a high-tech manufacturing facility in Wisconsin in exchange for billions of dollars in possible subsidies, in a project championed by then President Trump. That vision was never realized and Liu said earlier this year he’s trying to figure out what to make at the location.</p><p><blockquote>富士康将其制造实力带到美国的历史充满争议。这家台湾公司最初承诺在威斯康星州投资100亿美元建设一家高科技制造工厂，以换取数十亿美元的可能补贴，这是时任总统特朗普倡导的一个项目。这一愿景从未实现，刘今年早些时候表示，他正在努力弄清楚在该地点制作什么。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown shares jumped nearly 8% in premarket trading<blockquote>洛兹敦股价在盘前交易中上涨近8%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown shares jumped nearly 8% in premarket trading<blockquote>洛兹敦股价在盘前交易中上涨近8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-09-30 16:05</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Lordstown shares jumped nearly 8% in premarket trading on nearing deal to sell Ohio car plant to Taiwan’s Foxconn.</p><p><blockquote>由于即将达成将俄亥俄州汽车工厂出售给台湾富士康的交易，洛兹敦股价在盘前交易中上涨近8%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/9d807de9b64603904dc91ef05da7b0da\" tg-width=\"850\" tg-height=\"620\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a>, the electric-truck startup that acquired an Ohio car factory from General Motors Co., is near an agreement to sell the highly politicized plant to Taiwan’s Foxconn Technology Group after owning it less than two years, people familiar with the matter said.</p><p><blockquote><a href=\"https://laohu8.com/S/RIDE\">洛兹敦汽车公司。</a>知情人士称，这家电动卡车初创公司从通用汽车公司收购了俄亥俄州一家汽车工厂，在拥有这家高度政治化的工厂不到两年后，即将达成协议，将这家高度政治化的工厂出售给台湾富士康科技集团。</blockquote></p><p> The companies are set to announce the deal as soon as this week, said the people, who asked not to be named as the transaction isn’t yet public. They didn’t disclose its value. Lordstown Motors struck a deal with GM in late 2019 to buy the plant the automaker had founded in 1966.</p><p><blockquote>知情人士表示，两家公司最快将于本周宣布这笔交易。由于交易尚未公开，这些人士要求匿名。他们没有透露它的价值。洛兹敦汽车公司于2019年底与通用汽车达成协议，收购该汽车制造商于1966年创建的工厂。</blockquote></p><p> The sale would help embattled Lordstown Motors raise cash and realize the benefits of large-scale manufacturing much faster by building multiple models in the same facility. For technology giant Foxconn, a partner of Apple Inc., the plant represents the first automotive manufacturing footprint in the U.S. as the company accelerates a push into electric vehicles.</p><p><blockquote>此次出售将帮助陷入困境的洛兹敦汽车公司筹集现金，并通过在同一工厂生产多种车型更快地实现大规模制造的好处。对于苹果公司的合作伙伴科技巨头富士康来说，随着该公司加速进军电动汽车，该工厂代表了该公司在美国的第一个汽车制造足迹。</blockquote></p><p> A Lordstown Motors spokesperson declined to comment. Foxconn representatives didn’t immediately respond to requests for comment.</p><p><blockquote>洛兹敦汽车公司发言人拒绝置评。富士康代表没有立即回应置评请求。</blockquote></p><p> Selling the plant and operating in parallel with Foxconn could make sense for Lordstown Motors. The company is working to get its Endurance pickup truck ready for production. Even if the truck finds customers, it is still a challenge for Lordstown Motors to fully utilize the entire plant.</p><p><blockquote>出售工厂并与富士康并行运营对于洛兹敦汽车公司来说可能是有意义的。该公司正在努力让其Endurance皮卡做好生产准备。即使卡车找到了客户，对于洛兹敦汽车公司来说，充分利用整个工厂仍然是一个挑战。</blockquote></p><p> The Ohio facility was engineered to build well more than 300,000 of the now-defunct Chevrolet Cruze compact car per year, before GM stopped building the vehicle in March 2019. Lordstown Motors stepped in to purchase the facility after GM decided to shut it down.</p><p><blockquote>在通用汽车于2019年3月停止生产该汽车之前，俄亥俄州工厂的设计目标是每年生产超过30万辆现已停产的雪佛兰科鲁兹紧凑型汽车。在通用汽车决定关闭该工厂后，洛兹敦汽车公司介入购买了该工厂。</blockquote></p><p> The plant’s closure was a liability for U.S. President Donald Trump, who a year earlier went so far as to discourage rally-goers from selling their homes because of all the jobs he would bring back to the area. Democrats seized on the development as a symbol of unfulfilled promises made to voters in a key battleground state.</p><p><blockquote>该工厂的关闭对美国总统唐纳德·特朗普来说是一个负担，一年前，他甚至阻止集会参与者出售房屋，因为他将为该地区带来所有就业机会。民主党人抓住这一事态发展，将其视为在一个关键战场州向选民做出的未兑现承诺的象征。</blockquote></p><p> Lordstown Motors has had to re-establish its footing after ousting founder Steve Burns in June amid claims that he overstated future sale orders. The company has been under investigation by the Securities and Exchange Commission and the Justice Department after an internal probe concluded that prior management had misstated preorders for the Endurance. The company had also had warned that its status as a going concern was in doubt. Burns was replaced and the company has been working to raise money and find partners.</p><p><blockquote>洛兹敦汽车公司(Lordstown Motors)在6月份罢免创始人史蒂夫·伯恩斯(Steve Burns)后不得不重新站稳脚跟，因为有人指控他夸大了未来的销售订单。在一项内部调查得出结论，前任管理层错误地陈述了Endurance的预订量后，该公司一直在接受美国证券交易委员会和司法部的调查。该公司还警告称，其持续经营状况存在疑问。伯恩斯被替换，公司一直在努力筹集资金并寻找合作伙伴。</blockquote></p><p> Burns’s successor, newly appointed Chief Executive Officer Dan Ninivaggi, said in an interview last month that he was looking for partners who wanted to work with his company to use the assembly plant’s massive production scale to full advantage.</p><p><blockquote>伯恩斯的继任者、新任命的首席执行官丹·尼尼瓦吉(Dan Ninivaggi)上个月在接受采访时表示，他正在寻找愿意与他的公司合作的合作伙伴，以充分利用装配厂的大规模生产规模。</blockquote></p><p> “The key to unlocking financial potential is maximizing the value of the Lordstown facility,” Ninivaggi said at the time. “We are exploring a number of alternatives. It could take a number of different forms. That is Job One for me.”</p><p><blockquote>“释放财务潜力的关键是最大化洛兹敦设施的价值，”尼尼瓦吉当时表示。“我们正在探索多种替代方案。它可以采取多种不同的形式。这是我的第一项工作。”</blockquote></p><p> Foxconn, the world’s largest assembler of iPhones, is hoping to replicate its smartphone success by building clients’ electric vehicles from the chassis on up. It is rapidly expanding its EV business at a time that major tech companies from Apple to Xiaomi Corp. are heavily investing in technologies for next-generation mobility.</p><p><blockquote>全球最大的iPhone组装商富士康希望通过从底盘开始为客户制造电动汽车来复制其智能手机的成功。在从苹果到小米公司等主要科技公司都在大力投资下一代移动技术之际，该公司正在迅速扩大其电动汽车业务。</blockquote></p><p> Over the past year, Foxconn has launched a open EV platform, inked a manufacturing deal with <a href=\"https://laohu8.com/S/FSR\">Fisker Inc.</a>, and formed a partnership with Thailand’s state-owned conglomerate PTT Pcl.</p><p><blockquote>过去一年，富士康推出了开放式电动汽车平台，与<a href=\"https://laohu8.com/S/FSR\">菲斯克公司。</a>，并与泰国国有企业集团PTT Pcl结成合作伙伴关系。</blockquote></p><p> Earlier this year, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. said the company was considering creating an EV manufacturing facility in Wisconsin as its first U.S. automotive outpost. With Foxconn bulking up its auto muscle, it is seen as a contender in the race to make electric vehicles for Apple.</p><p><blockquote>今年早些时候，富士康旗舰子公司鸿海精密工业有限公司董事长刘勇表示，该公司正在考虑在威斯康星州建立一家电动汽车制造工厂，作为其在美国的第一个汽车前哨基地。随着富士康增强其汽车实力，它被视为为苹果制造电动汽车竞赛中的竞争者。</blockquote></p><p> Foxconn has had a controversial history of bringing its manufacturing muscle to the U.S. The Taiwanese company originally committed to investing $10 billion in a high-tech manufacturing facility in Wisconsin in exchange for billions of dollars in possible subsidies, in a project championed by then President Trump. That vision was never realized and Liu said earlier this year he’s trying to figure out what to make at the location.</p><p><blockquote>富士康将其制造实力带到美国的历史充满争议。这家台湾公司最初承诺在威斯康星州投资100亿美元建设一家高科技制造工厂，以换取数十亿美元的可能补贴，这是时任总统特朗普倡导的一个项目。这一愿景从未实现，刘今年早些时候表示，他正在努力弄清楚在该地点制作什么。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178029169","content_text":"Lordstown shares jumped nearly 8% in premarket trading on nearing deal to sell Ohio car plant to Taiwan’s Foxconn.\n\nLordstown Motors Corp., the electric-truck startup that acquired an Ohio car factory from General Motors Co., is near an agreement to sell the highly politicized plant to Taiwan’s Foxconn Technology Group after owning it less than two years, people familiar with the matter said.\nThe companies are set to announce the deal as soon as this week, said the people, who asked not to be named as the transaction isn’t yet public. They didn’t disclose its value. Lordstown Motors struck a deal with GM in late 2019 to buy the plant the automaker had founded in 1966.\nThe sale would help embattled Lordstown Motors raise cash and realize the benefits of large-scale manufacturing much faster by building multiple models in the same facility. For technology giant Foxconn, a partner of Apple Inc., the plant represents the first automotive manufacturing footprint in the U.S. as the company accelerates a push into electric vehicles.\nA Lordstown Motors spokesperson declined to comment. Foxconn representatives didn’t immediately respond to requests for comment.\nSelling the plant and operating in parallel with Foxconn could make sense for Lordstown Motors. The company is working to get its Endurance pickup truck ready for production. Even if the truck finds customers, it is still a challenge for Lordstown Motors to fully utilize the entire plant.\nThe Ohio facility was engineered to build well more than 300,000 of the now-defunct Chevrolet Cruze compact car per year, before GM stopped building the vehicle in March 2019. Lordstown Motors stepped in to purchase the facility after GM decided to shut it down.\nThe plant’s closure was a liability for U.S. President Donald Trump, who a year earlier went so far as to discourage rally-goers from selling their homes because of all the jobs he would bring back to the area. Democrats seized on the development as a symbol of unfulfilled promises made to voters in a key battleground state.\nLordstown Motors has had to re-establish its footing after ousting founder Steve Burns in June amid claims that he overstated future sale orders. The company has been under investigation by the Securities and Exchange Commission and the Justice Department after an internal probe concluded that prior management had misstated preorders for the Endurance. The company had also had warned that its status as a going concern was in doubt. Burns was replaced and the company has been working to raise money and find partners.\nBurns’s successor, newly appointed Chief Executive Officer Dan Ninivaggi, said in an interview last month that he was looking for partners who wanted to work with his company to use the assembly plant’s massive production scale to full advantage.\n“The key to unlocking financial potential is maximizing the value of the Lordstown facility,” Ninivaggi said at the time. “We are exploring a number of alternatives. It could take a number of different forms. That is Job One for me.”\nFoxconn, the world’s largest assembler of iPhones, is hoping to replicate its smartphone success by building clients’ electric vehicles from the chassis on up. It is rapidly expanding its EV business at a time that major tech companies from Apple to Xiaomi Corp. are heavily investing in technologies for next-generation mobility.\nOver the past year, Foxconn has launched a open EV platform, inked a manufacturing deal with Fisker Inc., and formed a partnership with Thailand’s state-owned conglomerate PTT Pcl.\nEarlier this year, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. said the company was considering creating an EV manufacturing facility in Wisconsin as its first U.S. automotive outpost. With Foxconn bulking up its auto muscle, it is seen as a contender in the race to make electric vehicles for Apple.\nFoxconn has had a controversial history of bringing its manufacturing muscle to the U.S. The Taiwanese company originally committed to investing $10 billion in a high-tech manufacturing facility in Wisconsin in exchange for billions of dollars in possible subsidies, in a project championed by then President Trump. That vision was never realized and Liu said earlier this year he’s trying to figure out what to make at the location.","news_type":1,"symbols_score_info":{"RIDE":0.9}},"isVote":1,"tweetType":1,"viewCount":2418,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/865531193"}
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